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In this episode of the Keiser Report, Max Keiser and Stacy Herbert
discuss Tiny Dick Fuld, the former CEO of Lehman Brothers, who is now
working for 'pennies' while the world tries to recover from the global
financial disaster that he partly created by acting like a penny stock
company. Max and Stacy also discuss interests rates on savings accounts
being slashed across the United Kingdom as banks no longer need to
attract deposits in this post Tiny Dick Fuld world in which the
government and the central bank provide unlimited 'free' cash against
which they can lend and in which hunky Mark Carney has been brought in
to oversee the new property market 'boom' times. In the second half, Max
talks to Paul Sommerville of Sommerville Advisory Markets (sam.ie)
about the story of Anglo Irish bank, the toxic hedge fund masquerading
as a bank which was run by charlatans lending to just twenty or thirty
toxic individuals. The Anglo Irish story is one of cron…